| Oil prices fell Wednesday, reversing earlier gains, as a modest rise in US output overshadowed a hefty drop in crude inventories in the world's top consumer. Investor sentiment was also dented by gloomy Chinese manufacturing data, which stoked fresh concern over oil demand in the Asian powerhouse.
US benchmark West Texas Intermediate for delivery in November sank $1.29 to $45.07 a barrel compared with Tuesday's close. Brent North Sea crude for November delivery slid 76 cents to stand at $48.32 a barrel in late afternoon London deals...............................................Full Article: Source
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